Strategic dynamic comments: Document No. 1 was issued, focusing on the direction of Rural Revitalization

Events

In February 22nd, the CPC Central Committee and the State Council made the recommendations on the key work of Promoting Rural Revitalization in 2022, that is, the No. 1 central document issued in 2022. The document points out that we should firmly adhere to the two bottom lines of ensuring national food security and preventing large-scale return to poverty, highlight annual tasks, targeted measures and effectiveness orientation, give full play to the leadership role of rural grass-roots party organizations, do a solid and orderly job in the key work of rural development, rural construction and rural governance, and promote new progress in Rural Revitalization New steps have been taken in agricultural and rural modernization.

Comments

Pay close attention to grain production and important Shenzhen Agricultural Products Group Co.Ltd(000061) supply. Agriculture is the foundation of people's livelihood and the foundation of a powerful country. As a large agricultural production and seed consumption country, China's crop seed industry is a national strategic and basic core industry. As pointed out in the document, the Chinese people's rice bowl should be firmly in their own hands at all times. The rice bowl is mainly filled with Chinese grain, so as to ensure that the sown area of grain is stable and the output is maintained at more than 1.3 trillion kg. At present, the research on the dependence of some Shenzhen Agricultural Products Group Co.Ltd(000061) imports in China is relatively high. With the increasingly complex international situation, grain, as the most primary product, must ensure self-sufficiency.

Strengthen the basic support of modern agriculture. As early as the central economic conference, it was pointed out that we should put the improvement of comprehensive agricultural production capacity in a more prominent position, continue to promote the construction of high-standard farmland, deeply implement the action to revitalize the seed industry, and improve the level of agricultural machinery and equipment. The No. 1 document also focuses on the detailed layout requirements from the aspects of cultivated land protection, high standard farmland, agricultural machinery and seed industry. Overall, the development of modern agriculture will help promote rural revitalization. Under modern agriculture, the safety of the "vegetable basket" will be effectively guaranteed. At the same time, high efficiency will also improve farmers' income from growing grain and further promote common prosperity.

We will promote rural revitalization and firmly hold the bottom line of not returning to poverty on a large scale. Document No. 1 focuses on "firmly holding the bottom line of not returning to poverty on a large scale", and the effective measure to prevent returning to poverty again is to implement rural revitalization. After the overall victory of the battle against poverty, the focus of the work of "agriculture, rural areas and farmers" will shift to "Rural Revitalization". Rural Revitalization is another consolidation and effective connection of the fight against poverty, can effectively prevent rural residents from returning to poverty again, and is also a key link to achieve common prosperity. Therefore, the strategy of "Rural Revitalization" is the current key task.

Relevant strategic directions:

Agricultural infrastructure construction: rural areas should be revitalized and infrastructure construction should take the lead. First, electricity, tap water and roads are the most basic guarantee of quality of life. Second, supporting facilities such as health facilities, public infrastructure, garbage and sewage treatment, including communication services, also need to keep up.

Agricultural machinery: Agricultural Mechanization promotes the development of agricultural and rural productivity and changes the mode of agricultural production. Agricultural mechanization is essential to accelerate agricultural and rural modernization.

Seed industry: China is a big country in agricultural production and seed use. Crop seed industry is a national strategic and basic core industry.

Rural digital economy: promote the digital transformation of traditional agricultural production, operation and transaction through the revitalization and empowerment of rural digital economy.

Risk warning: the policy is not as expected; Overseas risk disturbance.

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